Diamond Power Infrastructure Limited announced that Members of the Company on 14th December, 2023, have approved Appointment of Ms. Varsha Biswajit Adhikari as a Woman Independent Director for the First Term for a period of Five years and Mr. Aditya Satyaprasad Nayak CFO (In-charge) of the Company as an Executive Director for the term of one year and payment of remuneration by way of Special Resolution and the said resolution shall be deemed to be passed through Postal Ballot process by remote e-voting. Ms. Varsha Adhikari?s Date of Appointment is 1st October, 2023. Terms of Appointment ­ Ms. Varsha Biswajit Adhikari is appointed as Woman Independent Director with effect from October 1, 2023 for the period of 5 years after obtaining approval of members vide Postal Ballot dated December 14, 2023, results of which were declared on December 15, 2023.

After 13 years of Leadership role with SPGPrints group, Netherlands, and working closely with European, Asian, North, and Latin American Business entities, Varsha Adhikari is now heading Social Impact Organization SEED. She has also Co-founded businesses in the space of UAV technology, and Clean Energy and Sustainable Solutions. At age 43, She has got over 18 years of experience in Global Strategies and business development, Project and Financial Planning, Compliance, and Sustainability programmes.

She worked with Corporates into Textile machinery and Agri processing Industry and International Business. She has worked closely with the Government, Regulatory bodies and policymakers. She is passionate about innovative Technology led progress of the Economy and Community.

She is currently based out of Ahmedabad, India. She is an Advisor and Independent Director to Various Corporates and Startups. She is actively engaged with Domestic and International Trade Bodies to promote Global Trade.

She is a mentor with Gujarat University Startup and Entrepreneurship Council. She Chairs the Agriculture and Research Committee of the Gujarat Chamber of Commerce. She is a founder member of Toastmasters International, Ahmedabad.

She is interested (foremost) in Social Impact through People and technology and also in Science, Creativity, Music, Fine Arts, Reading, Hiking, Travel and Adventure sports. Mr. Aditya Nayak. Appointed as Executive Director w.e.f 5th October, 2023.

Terms of Appointment ­ Mr. Aditya Nayak is appointed as Executive Director with effect from 5th October, 2023 for a period of one year, including the terms of remuneration, after obtaining approval of members vide Postal Ballot dated December 14, 2023, results of which were declared on December 15, 2023. Mr. Aditya Nayak is by profession a MBA (Finance & Marketing) from VIT Business School, Mumbai and having 10 years of experience. Lastly, he was working with Metalxperts India Private Limited as Head- Finance.